The authors discuss the role of economics in recent bodog casino trials and analyze what makes economic testimony compelling within the current legal framework.
As the Obama administration ended and the Trump administration began, U.S. antitrust bodog casino enforcement was riding high. Continuing a decade-long government winning streak, federal and state agencies had notched significant courtroom victories, including Anthem/Cigna, Aetna/Humana, Staples/Office Depot, and Hershey/Pinnacle.
Just a few years later, the tide seemed to turn, with government plaintiffs suffering a string of defeats in antitrust bodog casino trials, notably AT&T/Time Warner, Evonik/PeroxyChem, and T-Mobile/Sprint. What changed?
The specific reasons for allowing the above transactions to proceed differed from case to case, as did the underlying factual context. However, at least one common thread emerges: skepticism or outright hostility to the plaintiffs’ economic testimony.
In this article, the authors examine recent high-profile bodog casino trials, and analyze what makes economic testimony compelling within the current legal framework. The manner in which courts assessed the economic consequences in the recent losses—and were left unpersuaded by the government’s economic testimony—offers lessons for the future role of economics in complex bodog casino litigation.
This article originally appeared in the Spring 2021 edition of Antitrust magazine, published by the American Bar Association.
The views expressed herein do not necessarily represent the views of Cornerstone Research.
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